What Is Foreclosure? Foreclosure is the legal process banks and other mortgage lenders use to recoup their losses when borrowers stop making payments on their mortgage loans. When a borrower uses a mortgage to purchase a property, they agree to make monthly payments to their lender until they’ve paid back the home. If a borrower is no longer Read More
Loan modifications are a long-term financial relief option for homeowners who can’t make their mortgage payments. If approved by your lender, this option can help you avoid foreclosure by lowering your interest rate or changing the structure of your overall loan. A loan modification involves changing your existing mortgage so it’s easier for you to keep up with Read More
Long Island offers many wonderful communities to live in. Many potential Homeowners often ask us what is the best Long Island Neighborhood to live in. With its vast diversity, Long Island offers its residents almost every amenity possible. With over 300 Miles of pristine Shoreline, Long Island has many Boating communities. Many Home seekers will enjoy the many Read More